Groupon Raises Revenue 13% in August

While other daily deals fall, Groupon continues to grow.

Despite SEC questions and an

, Groupon is still going strong. In August, the company grew its revenue by 13% – an impressive number considering the

in the daily deals space. Groupon also added 2% to its market share. According to a

, daily deals aggregator

has released some Groupon numbers for the month of August, showing that the company grew its revenue to $120.7 million – up from $106 million in July.

, the new venture between Groupon and Expedia

, helped bolster the company's sales, accounting for $9.6 million in revenue last month, compared to $5.7 million in July. On the flipside, LivingSocial's revenue dropped 3% in August. TechCrunch says that the decline can be blamed on a 6% decrease in the number of vouchers sold per deal “and a 1% decrease in the average price per voucher.” This decline occurred at a time when LivingSocial increased the number of deals it offered by 4%.